Why Should You Care?

A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings.

Jeff CoxFinance Editor - CNBC.com

The job market is so hot that employers are struggling to handle the consequences. A Federal Reserve survey released Wednesday found labor shortages all over the country. And more businesses said they had no choice but to pay more to attract and keep the workers they want, a sign that wage growth may finally be picking up.

Patrick GillespieEditor - CNN Money

As unemployment hovers near historic lows, over 80% of construction firms have reported they are having a hard time finding qualified workers to hire, while the U.S. Department of Education reports that there will be 68% more job openings in infrastructure-related fields in the next five years than there are people training to fill them.

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